We’ve all heard about the Cash for Clunkers campaign that took the auto industry by storm but have you heard about the Cash for Caulkers program? This new campaign announced by the White House yesterday proposes to reimburse homeowners for energy efficient appliances and insulation, part of a broader plan to stimulate the economy.
The details of the plan haven’t been released yet as the administration is still working with Congress to develop the legislation, although leaked details include rebates up to $12,000 for homeowners. So what does this all mean? More green jobs? A more energy efficient America? Hopefully all of the above, but the main driver behind this program is to persuade consumers to spend money in a way that benefits the environment as well as the economy.
We’ll keep our ear to the ground to give you updates on any developments with this proposal. In the meantime, make sure your Hohm profile is complete and find out what improvements you can make to conserve energy in your home and be ready to take advantage of the rebates as soon as they’re available.